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Sat, 4 Jul 2009 10:21:00 GMT

Raising morale in a sinking economy

EDT P MORALE: n. 1. The mental and emotional condition (as of enthusiasm, confidence, or loyalty) of an individual or group with regard to the function or tasks at hand. 2. The level of individual psychological well-being based on such factors as a sense
Sat, 4 Jul 2009 10:21:00 GMT

Deripaska: Government must fix economy

We have updated our member account system We have listened to your feedback and are making some changes. We now require everyone to create a unique display name that will be shown when you leave a comment. This display name can not be changed. Your new
Sat, 4 Jul 2009 09:53:00 GMT

Shanghai plans more bull than Wall St

China's financial capital Shanghai plans to build a bigger version of New York's charging bull statue that sits near Wall Street in lower Manhattan state media said Saturday. The giant statue will weigh more than 6,000kg compared to the 3,200kg bull in
Sat, 4 Jul 2009 09:09:00 GMT

N.Y. Fed's Chief Backs Preemptive Crisis Moves: Fed Should Get Ahead of Asset Bubbles, He Says

The Federal Reserve should break with past policy and try to identify and deflate asset bubbles before they can damage the U.S. economy, New York Federal Reserve President William C. Dudley said. While interest-rate policy may not be the appropriate tool
Sat, 4 Jul 2009 07:10:00 GMT

Shanghai plans own 'Wall Street bull' - report

BEIJING, July 4 (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York. The China
Sat, 4 Jul 2009 05:10:00 GMT

Shanghai plans own "Wall Street bull": report

BEIJING (Reuters) - Wall Street may be down on its luck, but China's growing business hub, Shanghai, plans to install its own version of the Street's famed charging bull statue, casting in metal its hopes to eventually rival New York. The China Daily
Sat, 4 Jul 2009 04:10:00 GMT

RBA set to leave rates on hold

The central bank is expected to leave interest rates on hold for a third straight month in July as more signs emerge that the economy is faring better than most amid the global recession. All of the 19 economists surveyed by AAP expected the Reserve Bank
Sat, 4 Jul 2009 01:53:00 GMT

Learn More About Building Estimates and Rates Build Up! -- A Professional in the Building Industry Offers Valuable Tips and Insights On Construction

(GLOBE NEWSWIRE) -- When an architect designs a building, he considers not only the location, foundation and structure, but also the operating expenses for the project. Since it is important to determine the feasibility of the plan being proposed, we
Fri, 3 Jul 2009 23:05:00 GMT

Stanford clients sue insurance broker Willis Group

NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd, contending it was a willing participant in a $7 billion fraud at the Texas-based investment company. The lawsuit, filed in
Fri, 3 Jul 2009 21:42:00 GMT

Stanford clients sue insurance broker Willis Group

NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd (WSH.N), contending it was a willing participant in a $7 billion fraud at the Texas-based investment company. The lawsuit, filed
Fri, 3 Jul 2009 20:55:00 GMT

Rates hinge on Fed exit strategy

NEW YORK (Reuters) - U.S. interest rates in the second half will likely move on perceptions of how the Federal Reserve handles paring its burgeoning balance sheet and ending emergency funding programs, analysts said. There have been growing concerns over
Fri, 3 Jul 2009 20:34:00 GMT

Video: New Mutual Fund? Better Off Waiting

Intraday data provided by Interactive Data Real Time Services, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data. More information on NASDAQ
Fri, 3 Jul 2009 20:32:00 GMT

Stocks: End Down On Econ Concerns; Wall St Fallout Limited

Extract not available.
Fri, 3 Jul 2009 19:23:00 GMT

Commercial Mortgages Could Sink Economy

Extract not available.
Fri, 3 Jul 2009 19:02:00 GMT

Stock market investors keen to make the worst of the bad news

Its hard to see some economic data as anything but ugly. Comments 0 | Comment on this article Thursdays US labour market report wasnt pretty by any standard. The 467,000 June decline in payrolls, up from 322,000 in May, broke a four-month improving
Fri, 3 Jul 2009 18:31:00 GMT

Metals lift Toronto stock market

TORONTO T Trading volume on the Toronto Stock Exchange was light as U.S. markets were d Friday in observance of the Independence Day holiday. The New York Mercantile Exchange was also d for the holiday, but oil CL-FT The S&P/TSX composite index in
Fri, 3 Jul 2009 17:24:00 GMT

Toronto stocks open flat

Kristine Owram TORONTO T The New York Mercantile Exchange was also d for the holiday, but oil prices fell for the sixth day in a row in electronic trading. The S&P/TSX composite index TSX-I The loonie gained 0.29 of a cent to 86.33 cents US. Oil has
Fri, 3 Jul 2009 16:22:00 GMT

Stocks Tumble on Jobs News

Stocks got slammed in extremely light trading Thursday following the employment report, which revealed more weakness for job trends ahead of the long July 4 holiday weekend. For June, nonfarm payrolls fell 467,000, much worse than the 358,000 job-loss
Fri, 3 Jul 2009 15:15:00 GMT

Hot stock

EDT Livingstone's concept proved to be a hit: Photographers submit their images to the firm's website, which offers them for sale at royalty-free, low-priced rates, while photographers receive a percentage on all transactions. In 2006, Livingstone sold
Fri, 3 Jul 2009 15:00:00 GMT

Oil brokerage PVM names rogue trader behind oil spike

LONDON (Reuters) - PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million. The
Fri, 3 Jul 2009 13:18:00 GMT

Stanley Fink to chair Ark hedge fund charity

Stanley Fink, the veteran hedge fund entrepreneur and former chief executive of Man Group, has been named as the new chairman of Absolute Return for Kids (Ark), the children's charity backed by some of the world's wealthiest investors. Mr Fink, who now
Fri, 3 Jul 2009 12:51:00 GMT

Oil brokerage PVM names rogue trader

David Sheppard LONDON P The London-based brokerage said Mr. Perkins had taken the positions in Brent crude futures early on Tuesday. The heavy buying during the Asian trading day when volumes tend to be lower caused global crude prices to spike to their
Fri, 3 Jul 2009 12:50:00 GMT

Oil brokerage PVM names rogue trader behind oil spike

By David Sheppard LONDON (Reuters) - PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10
Fri, 3 Jul 2009 12:44:00 GMT

Oil brokerage PVM says rogue trader behind oil spike

LONDON (Reuters) - PVM Oil Futures Limited said on Friday Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10 million. The
Fri, 3 Jul 2009 12:29:00 GMT

Oil brokerage PVM says rogue trader behind oil spike

By David Sheppard LONDON (Reuters) - PVM Oil Futures Limited said on Friday that Steve Perkins, a senior broker based at the firm's London office, was responsible for unauthorized trades earlier this week which landed the firm with a loss of nearly $10
Fri, 3 Jul 2009 12:20:00 GMT

State Farm to raise homeowners insurance rates in Illinois

State Farm Fire and Casualty Co. on Thursday announced an average statewide rate increase of 13 percent for its Illinois homeowners insurance policyholders. The Bloomington-based company, the leading insurer of homes in and in Illinois, covering more
Fri, 3 Jul 2009 09:07:00 GMT

Hedge fund firm TCI's profits surge

By Laurence Fletcher LONDON (Reuters) - Activist hedge fund firm TCI, which launched an attack on ABN AMRO in 2007 that helped trigger the Dutch bank's sale, has seen profits surge 73 percent but warned this year will be tougher. The Children's
Fri, 3 Jul 2009 07:44:00 GMT

SEC May Reinstate Rules for Short-Selling Stocks

They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it. Now short-sellers, the market skeptics who correctly called last year?s downturn, are coming under
Fri, 3 Jul 2009 07:34:00 GMT

Home for the Holiday, Thanks To the Economy

A long weekend is stretching in front of me: no work, no BlackBerry, no high heels . . . and no money. We're staying put this holiday and telling our out-of-town friends to come to us. With the economy refusing to perk up (see the news story about record
Fri, 3 Jul 2009 06:46:00 GMT

Global markets retreat on poor US jobs data

Global stock markets fell sharply on signs the US labour market continues to be hurt by the global recession, with the unemployment rate hitting a 26-year high in June and the number of job losses rising for the first time in five months. Japan's Nikkei
Fri, 3 Jul 2009 05:29:00 GMT